freight

Freight TSI dips in October

The index is 4 percent higher than in October 2010.

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Factory freight finishing strong

Owner-operators with hauls tied closely to factory output should see good demand through year-end, based on today’s report from the Institute for Supply Management.

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Freight index up in September

September’s Freight TSI was 4.3 percent higher than a year earlier.

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Retail’s rebound bodes well for holidays

The economy’s still sputtering, but it looks like there will be lots of freight through the holidays. At least consumer goods and other cargo related to retail sales are doing well, based on recent reports.

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DOT freight index unchanged in July

Freight TSI remained at the second highest level since August 2008, exceeded only by March and equaled by June.

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Landstar sees “continued strength in revenue per load”

If this week’s earnings report from Landstar Systems is any indication, the rest of the year looks good for owner-operators. “I would characterize the overall second quarter freight environment as a little choppy, but moving in an upward direction,” said Henry Gerkens, chairman, president and CEO of Landstar, the nation’s biggest owner-operator carrier.  “Pricing continued to be strong.” Landstar’s numbers were strong, too. Compared to the second quarter of 2010, this second quarter saw increased revenue ($676 ...

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uShip’s Charles Myers details commercial freight online-auction opportunities, future

The online-auction model of the uShip.com system for retail freight is entering the commercial arena. Their new General Manager of Freight, Charles Myers (pictured), like you, is a veteran of that arena. While he’s most recently served in freight projects in China, his background also includes the Presidency of commercial load board service GetLoaded.com. “I’ve been around quite a while in the transportation industry,” Myers says. “I started with the Alabama Public Service Commission in ...

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New load board hopes to facilitate O/O-shipper connections

Valerie Hemmings is the spouse of an owner-operator running under his own authority -- she recently wrote in with something of a plea for owner-operators to stand together for better rates, with the ultimate goal of eliminating the many permutations of middlemen in the ultimate carrier-shipper transaction. "Owner/Operators," she wrote, are "gasping for financial air because of the middlemen like brokers, agents and double-brokerage side-line agents, and fake brokers who pretend to own several trucks ...

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Reports good for factory freight

You might have heard that the stock market just logged its best weekly gain in two years. One major reason was good manufacturing news.

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These 14 sectors were hopping in May

Manufacturing slowed down last month, but it’s still growing.

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